Receipts and payments account shows a payment for stationery amounting to Rs. 40,000 and there is an opening and closing stationery amounting to Rs. 12,000 and Rs. 15,000. What is the amount to be considered as an expense in income and expenditure account?

Receipts and payments account shows a payment for stationery amounting

1.	Receipts and payments account shows a payment for stationery amounting to Rs. 40,000 and there is an opening and closing stationery amounting to Rs. 12,000 and Rs. 15,000. What is the amount to be considered as an expense in income and expenditure account?
Answer» Receipts and payments account shows a payment for stationery amounting to Rs. 40,000 and there is an opening and closing stationery amounting to Rs. 12,000 and Rs. 15,000. What is the amount to be considered as an expense in income and expenditure account?

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Receipts and payments account shows a payment for stationery amounting to Rs. 40,000 and there is an opening and closing stationery amounting to Rs. 12,000 and Rs. 15,000. What is the amount to be considered as an expense in income and expenditure account?

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